Dtz Share Discussion Threads

[the knowledge] 30/7/2009 13:08

Who sold these amounts on the 29th July 2009?

6,815,819
6,815,819
13,631,638

[the knowledge] 29/7/2009 15:03

Top 50 leasing agents
30.05.08
The poll is closed and the results are in

1. John Forrester, DTZ

Known as 'Big John', northerner John Forrester has an impressive reputation in the central London market. After 20 years at DTZ, where he has been a director since 1992, he is well known for the polished delivery of his pitches and for winning important clients. He has helped shape DTZ's London development and leasing team as one of the most profitable parts of the business. Last year he was instructed to advise JP Morgan on its search for a 1m sq ft headquarters in what is the largest-ever occupational deal in the City of London. Forrester's team also secured the highly coveted instruction to advise Argent on the office leasing of its King's Cross scheme. He counts working with renowned developer Sir Stuart Lipton as an inspirational and challenging experience, while the rest of his clients read like a Who's Who of the property industry, among them British Land, Grosvenor, Hammerson, Land Securities, the Royal Bank of Scotland, Morgan Stanley and JP Morgan.

[the knowledge] 27/7/2009 13:15

Why the upsurge, is their good news on the horizon?

[blackdown2] 22/7/2009 08:34

Another example of poor management leading to massive destruction of shareholder value.

[roughandtumbleone] 22/7/2009 01:05

Verngate,

I think the results speak for themselves. A company in dire straits that fortunately has their French investment to keep them afloat.

Any company that raises fresh finance just for working capital is in trouble and my concerns are based around the cost cutting - too little and too late. DTZ are in an environment where their competitors are smaller, leaner more agile companies that will pitch and win much of the available work, paricularly as the tenant is becoming more and more demanding and insisting that Landlords offer achievable and payable rents. In turn the fees generated have to be considerably lower than the market use to accept. The number of commercial properties being bought,sold, rented, developed or sublet has dropped off a cliff and though some green shoots are said to have started in London, the timeframes are someway down the road before any real value transfers into DTZ's coffers.

Struggling to see much upside but wish you well with your decisions or investments.

Best wishes,

R&T

[dickbush] 03/7/2009 11:13

Please re-read. I wasn't being negative. I am a potential buyer but I bought at an average of under 30p and I hate buying up.

[dickbush] 02/7/2009 10:23

The results are due any day now, maybe next week. Yesterday's weakness in a strong market and today's big sell-off on decent volume suggests that they are going to be very bad. Why anyone should be surprised by very bad figures is the mystery. We had an Interim Statement a few weeks ago that laid it all out, and it is standard practice for new management to throw everything AND the kitchen sink into write-offs, lay it all at the door of the old management and have the cost structure sufficiently reduced to produce a recovery in profits asap. Obviously, the commercial property market is currently crawling along the bottom with poor pricing and low volume. The cycle WILL turn and the shares will be a lot higher. For patient investors only.

[slogsweep] 02/7/2009 09:58

anyone know what happened?

[verngate] 01/7/2009 10:49

Anybody know what date the preliminary results are to be announced?

[the knowledge] 30/6/2009 16:52

According to Property Week, they have soome contracts looming

[melody9999] 17/4/2009 09:45

johnr - I think if you go back you will see a very large price movement shortly after your post!

[johnrxx99] 16/4/2009 12:15

Well, it seems to be coming back with the rest of the market. Not sure of melody's comment as can't remember a prediction in my January comment, indeed it seems quite accurate on reflection.

[blackdown2] 21/3/2009 10:54

Another profit warning from DTZ. What a shambles.

[melody9999] 04/3/2009 21:33

well done johnrxx99 - yr view that nothing would happen certainly got things moving! predictions always dangerous!

[blackdown2] 04/3/2009 17:36

This stock seems quite perky of late.

[johnrxx99] 19/1/2009 05:51

Clash of cultures - sounds exactly like the Bernard Thorpe takeover. DTZ have always had strong controls in place and that's the reason they got where they did, especially in management/investment and that's why they will survive, which I can't say for their bankers.

So, getting away from the personal aspects, and assuming the posters here either do, or will, invest in DTZ, what do we see as postive/negative drivers in the coming months?

IMO I can't see much happening until the next results/trading statement. The French have coughed up the dosh and cashflow should be sufficient to keep the engine running. Undoubtedly there will be more redundancies, investment/bonuses and salaries slashed or on hold. The marketplace is in turmoil and clients will be looking for professional excellence to help them survive as well.

Opportunities may arise to take teams from other players but that may be difficult, indeed may opperate in reverse. Does anyone have news in that respect.

I'm not in at the moment and haven't been for some while.

[monty333] 18/1/2009 12:18

LMAO. Why would I be bitter Martin, I left DTZ and almost doubled my salary after gaining a hatful of experience. I owe the Donaldsons team bundles and am most grateful to them for treating me with respect and allowing me the autonomy to do my job, something the DTZ folk weren't interested in exploiting, so your silly remark is most amusing. I am merely passing on my own experience of the DTZ machine so you investors understand the facts, which of course you can choose to ignore if you so wish. I guess you must need to take out your anger on an easy target, the share price has really punished you, hasn't it. I saw this as a screaming short from £6 a share in May 07, but couldn't trade due to a NDA. I have been spot on for nigh on 18 months, calling every stage of the massive slump. So I'm not the bitter one dear boy.

Do enjoy your day.

[martinadilsmith] 16/1/2009 13:52

Monty, try to by like Murphy's - not bitter.

[blackdown2] 16/1/2009 08:31

Colliers to shed c 10% of its workforce; Cushman Wakefield to do the same. This sector is up to its neck in the proverbial.